#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I NEWS.BLOG

China’s service activity expanded at the fastest pace since July, a private survey showed, a sign that consumer demand may be on the mend after Beijing moved to shore up growth with a barrage of stimulus measures.

The US service sector expanded in October at the fastest pace in over two years, fueled by a pickup in hiring.

The Russian government’s revenue from the oil industry fell by 29% in October from a year earlier due to lower crude prices and higher state payouts to the nation’s fuel producers.

Stunden nachdem die Wahllokale an der Ostküste der USA geöffnet haben, läuft die Wahl mittlerweile in allen Bundesstaaten, auch in Kalifornien und Alaska. Insgesamt sind mehr als 240 Millionen Wählerinnen und Wähler aufgerufen, ihre Stimme für die Präsidentschafts-, die Kongress- und zahlreiche Regionalwahlen abzugeben. Millionen votierten in den letzten Wochen bereits per Briefstimme. Die Wahl ums Weiße Haus – zwischen der Demokratin Kamala Harris und dem Republikaner Donald Trump – gilt als Schicksalswahl. In Umfragen lagen sie bis zuletzt Kopf an Kopf.

The economic cost of climate change will likely be much more severe than previously feared, as fresh data informs models used to predict the most probable outcomes.

Chinese Premier Li Qiang expressed confidence that his government can pull off an economic recovery, while also taking an apparent shot at the US and EU over trade.

Nach einem turbulenten Wahlkampf entscheiden die US-Bürgerinnen und -Bürger am Dienstag, ob mit Kamala Harris erstmals eine Frau das höchste Amt im Land übernimmt oder der vor vier Jahren abgewählte Donald Trump ins Weiße Haus zurückkehrt. Umfragen legten bis zuletzt ein Kopf-an-Kopf-Rennen zwischen der Demokratin Harris und dem Republikaner Trump nahe. Möglich ist damit auch ein langes Warten auf das weltweit mit Spannung erwartete Ergebnis.

Catch up: America’s presidential showdown; dollar falls

Catch up: America’s presidential showdown; dollar falls

Catch up: America’s presidential showdown; dollar falls

China’s top legislative body reviewed a proposal to transfer some off-balance-sheet debt of local governments to their official accounts, aiming to ease their financial burden in a move foreshadowed by officials.

German Chancellor Olaf Scholz is holding further talks with his two most senior coalition partners Tuesday as his fractious ruling alliance seeks to finalize next year’s budget and set aside differences over how to lift Europe’s biggest economy out of its slump.

Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the trillions of yuan yet is unlikely to put the market fully at ease.

The dollar dropped the most since late August and Treasury yields fell as investors pared bets on Republican Donald Trump prevailing in Tuesday’s US election.

The first is a steadier hand on the policy wheel and the second is abandoning the “only game in town” mindset.

Upmarket brands are scrambling to adjust strategy after being wrongfooted by the rapid downturn in Chinese spending.

Am letzten Wahlkampfwochenende haben US-Präsidentschaftskandidatin Kamala Harris und ihr Rivale Donald Trump mit einer Tour durch jeweils mehrere Bundesstaaten noch einmal intensiv um Unentschlossene geworben. Laut den letzten Umfragen der „New York Times“ ist – trotz kleiner Verschiebungen – das Rennen in den sieben wohl entscheidenden „Swing-States“ weiter offen. Dafür scheint Harris plötzlich in Iowa gute Chancen zu haben.

Catch up: Two contrasting swing-state pitches; Israel launches raid into Syria

Catch up: Two contrasting swing-state pitches; Israel launches raid into Syria

A flurry of polls released Sunday show Vice President Kamala Harris and former President Donald Trump remain poised for a photo finish in this week’s presidential election, with voters narrowly split both nationally and across the pivotal swing states that will decide the election.

As the results trickle in, some highly caffeinated investors will be watching margins and tweaking their wagers until sunrise.

Higher US tariffs on Chinese goods could dent growth but also force a long-awaited shift to the consumer in the world’s second-largest economy, according to economists at Goldman Sachs Group Inc.

If the US were to deport the 1.7 million undocumented workers who help power its food system, trips to the supermarket will only get more expensive.

A weak October employment report keeps Federal Reserve officials on track to cut interest rates by a quarter point when they meet next week and gives them room to continue lowering borrowing costs.

Oil rose on a report that Iran may be preparing to attack Israel from Iraqi territory in the coming days, bringing the market’s focus back to potential supply disruptions from the war in the Middle East.

Billions in government incentives haven’t reversed an alarming drop in birth rates. Women in South Korea, Japan and China tell us what could.

Bundesbank President Joachim Nagel warned that Donald Trump’s threatened trade levies risk derailing the German economy.

Russia’s army is gaining speed in its advance in eastern Ukraine, seizing more land last week than at any point this year, increasing pressure on Kyiv’s US and European allies to bolster its defenses.

China’s first major economic indicators after authorities unveiled their recent stimulus push suggest the economy has stabilized somewhat, with manufacturing and housing sectors showing tentative signs of recovery.